Review of the Cowrium Blockchain Project
Decentralized Global blockchain network, smart contracts, Interoperability, Mining, Masternode with AI Support for Crypto Stability which aims to bridge the gap between Crypto & Fiat
Cowrium Blockchain Project
The Cowrium Project consists of the following 5 entities:
1. Multidimensional smart contracts
2, Cowrie - mass-oriented cryptocurrency
3.CowDEX - A very safe decentralized exchange
4. ErrandBoy - A DAP that lets you send cryptos & receive them in Fiat
5.Cowrie Stability AI - Artificial intelligence systems that can predict markets and help suggest predictable solutions - while buffer systems help stabilize Cowrie and protect it from market volatility.
What is Cowrium?
Cowrium is a Multidimensional Decentralized Blockchain Platform created with the aim of encouraging SMEs to use advanced technology for better growth and to enable people to use cryptocurrency as a payment method for buying products and services.
What is Cowrie?
Cowrie is the original digital currency from Cowrium. This name was adopted from sea mollusks that were used as money in ancient times. In addition to currency similarity, the Cowrie excavation process is also known as mining, which also shows blockchain mining.
Mission
To make the adoption of blockchain easier, faster and more profitable for small businesses & companies worldwide, and to make Cowrium / Cowrie a household name globally
Vision
The Cowrium Project is not just a blockchain that aims to develop existing economies, but is an entirely new economic system that is being created on blockchain technology.
We understand that the first requirement for building a strong independent network such as Cowrium is to provide liquidity and various ways for users to obtain and use Cowrie (CWR) coins. With that aim, our team of talented and experienced developers work hard to build a unique economic system to make it easy for traders and users.
All devices in the system will be directly linked to the Cowrium Pay module, accessing which will require users to provide their unique identity. This will act as the Financial System of the entire economic system, allowing you to save, withdraw, make payments, lend CWR coins, link or request a Cowrium Pay Debit / Credit card for use with ATMs, POS Terminals or our Card Readers located throughout the world . The Cowrium Payment Module and Financial System will be supported by a separate entity from the Cowrium Foundation.
Furthermore, to create a successful and independent economic system, the Cowrium Network will implement the Governance features, which have been found in several cryptocurrency, including Dash. This feature is designed to provide certain rights to Masternode holders, including the ability to choose, fund or reject proposals submitted by community members, including but not limited to event sponsors, charities, developer gifts, and more. The crowdfunding feature will allow the community to raise funds for their media / event development projects and shows, without relying on third-party development teams.
Cowrium platform
Cowrium is a blockchain project developed to help Small and Medium Enterprises to easily adopt a comprehensive blockchain solution to better reach thousands of customers doing business through the SME industry.
Cowrie Coins, which are the official digital currencies of the Cowrium platform, represent digital currencies that will effectively replace physical money. The aim is to increase adoption of blockchain technology through an easy-to-use platform.
Cowrium uses a 2-Hop network. In the first hop, the miner identifies the block and records the transaction to the blockchain. Miners, of course, are rewarded with new coins being mined in return. Other hops consist of Masternodes which are hosted on a virtual private server (VPS). This is a special server that allows instant and personal transactions, budgeting and decentralized government.
Mining:
The Cowrium Blockchain combines mining in the browser with Cellular Mining as a support system for CPU and GPU miners, allowing Cowrium's level of passion to be truly decentralized, protected from 51% attacks and provides better benefits for web and cellular miners.
Masternode:
Masternodes: Cowrium POS Masternodes is similar to Dash, which provides an almost instant network and secures anonymous payments and transactions. Cowrium Blockchain allows CWR holders to get fixed rewards through betting, in return for their help to secure the network.
● Multicurrency Payment System - allows Merchants and Consumers to make / receive payments in any Coin through a special mobile and web application.
● Smart contract interactions between child chains - the ability to allow block chain interoperability through Cowrium and Private Masternodes.
● Multicurrency ICO Platform - which gives ICO the ability to accept payments in Cryptocurrency of their choice.
● Smart Contract Library - which implements the 2-hop protocol - Proof of Work vs. Proof of Stake - compared to traditional PoW (1-hop) for higher security and easier implementation.
● InstantSend - An almost instant payment known as InstantSend technology, designed at an average of 0.5 seconds per transaction compared to Dash 1.3 seconds.
● PrivateSend - The technology of mixing your funds through the Masternodes network, makes it almost impossible to trace the origin of funds.
● Private company contracts that can only be executed by users who want to participate in the contract but can be verified publicly.
● Intelligent Pooling System - effectively resolves the MEMO overload problem from traditional blockchain by prioritizing transactions to prevent delays.
● Hyperblock Technology - provides higher performance & scalability by regularly compressing transactions, reducing the size of the blockchain and ensuring less RAM / drive space requirements.
● Supports multiple cryptographic algorithms, signing & address via Polysig - Provides protection against quantum attacks.
● Atomic Swap - a smart contract feature that is activated in the user's Cowrium wallet that allows exchange between various cryptocurrency (coins) without a third party.
● Recurring & Scheduled Payments, a feature that allows users to schedule recurring payments or subscribe through their wallet.
● Referral Rewards Program - Allows customers and merchants to earn more by referring others to join the platform.
● Merchant Loyalty Program - Enables Merchants through their website / application to give back to the User, prizes in the form of Mined CWR coins.
COWRIUM CONNECTED APPLICATION
The Cowrium Platform will also host a number of related and related applications, as follows:
CowDex
Decentralized Exchange
A dedicated, decentralized, and very secure Cryptocurrency Exchange platform that utilizes Atom Switching for easy trading between many ICO tokens.
Helper
Crypto to Fiat Direct Transfer
Money transfer application through which users can send money in any digital currency, which is then converted to Fiat currency & sent to recipients anywhere in the world.
Cowrie AI stability
Artificial Intelligence on Volatility
Cowrie Stability AI is an independent but interrelated program that predicts the market, provides a possible balance and protects Cowrie from Volatility.
Cowern Masternode!
This provides the security, speed and anonymity that is needed for processing payments and digital transactions through the Cowrium network.
The betting system of the Cowrium blockchain will allow existing CWR holders to get annual fixed income in the form of rewards, in return for their contribution to maintaining network security. In addition to VPN-based Masternodes, users can also engage in web and mobile CWR coin bets.
The minimum guarantee amount to activate Masternode is 10,000CWR.
Prizes will be proportional to guarantees of up to 100,000 CWR, with an increase of 10,000CWR.
FOR SALE TOKEN
Crowdfunding sales from Cowrie will be held in 5 phases, from 1 January to 30 May. Coin prices open at 0.035USD (Phase 1) and close at 0.0450USD (Phase 5).
Phase I
● Jan 1 - Jan 30
● Up to 50% bonus
● $ 0.035 / token
Phase II
● Feb 1 - Feb 28
● Up to 50% bonus
● $ 0.0375 / token
Phase III
● Mar 01 - Mar 30
● Up to 30% bonus
● $ 0.04 / token
Phase IV
● April 1 - April 30
● Up to 30% bonus
● $ 0.0425 / token
Phase V
● May 1 - May 30
● Up to 30% bonus
● $ 0.045 / token
Details
Pre-sale: Jan 1 2020 - Jan 31 2020
Public sales: January 1 2020 - May 30 2020
Token supply: 2,000,000,000 CWR
Total tokens sold: 1,000,000 CWR
Soft stamp: 500,000 USD
Hard stamp: 5,000,000 USD
Law
Country restrictions: US
Token info
Ticker: CWR
Type: Utility-token
Price of tokens in USD: 1 CWR = 0.075 USD
Accepted currencies: USD, USDT, BTC, ETH, LTC, XRP, XLM, BCH, BNB, TRX, DASH
Token distribution:
55% - Product Development & Implementation
25% - Marketing & Community
10% - Administrative & General
5% - Legal
5% - Security & Compliance
Budget allocation:
50% - Token Sale & Aftersales Referral Prize Program
20% - Founder & Team
10% - Marketing & Advisory
10% - Future Partnerships
5% - Bounty, Airdrops, Referrals etc.
5% - Special Project: DAPP
Q1 - 2020
PRE-ICO | Prototype Release
Q2 - 2020
New website | Launch Wallet | IEO / Main Exchange List
Q3 - 2020
Launch POS | Payment Gateway Plugin
Q4 - 2020
Launch of Decentralized Exchange (CowDex) | Cellular Mining | Repeated Wallet Payment | Launch of ErrandBoy (BETA)
Q1 - 2021
Cowrium Summit | Official Launch of ErrandBoy | Launch of ICO Smart Contract / Token
Q2 - 2021
Discussion with Financial Institutions | Expansion of Work Scope | Worldwide Promotion
Q3 - 2021
Testnet Interoperability Solution | Partnership with Conventional Financial Institutions | Invest in the acquisition of conventional financial institutions
Q4 - 2021
New Partnership
Q1 - 2018
The idea of Cowrie was born | Concept Development.
Q2 - 2018
Team Building | Consultation with Industry Experts
Q3 - 2018
Resolving Legal Issues | Discussion with Private Investors
Cowrium Adoption | Private Investment (Seed Capital)
Q4 - 2018
Early Access | Website Launch
Q1 - 2019
Public Announcements about Events | Technical Arrangements
Q2 - 2019
Project Development | ICO (Limited)
Q3 - 2019
New website | Project Development
Q4 - 2019
Testing Period
TEAM
Cowrium works with experts from all industry sectors who act as advisors to our project. Their opinions and guidelines help us design detailed products that will enhance the experience of every participant on our platform
Emmanuel Haastrup
Founder / Chief Conductor
Praveen Dagdi
Product Manager
Deepanshu Bhatt
Chief Marketing Officer
Shobhit Sharma
Lead: Blockchain Development
Priyanka Chouhan
Lead: Business Development
Aanuoluwapo Awesome
Lead: Community Development
Kshama Verma
Lead: Backend Devs, API, NODEs
Pedetin A. Obadimeji
Lead: Legal
Advisors
Chloe Khok
Process & Training
Oluyinka Tanimowo
Technology
Bado Faisal
Business Development (Africa)
Marina Sokolova
Business Development (Eastern Europe)
To get more information about Cowrium, you can visit the official website below.
● Website: https://www.cowrium.net/
● Chalkboard: https://www.cowrium.net/cowrium-whitepaper.pdf
● Facebook: https://www.facebook.com/cowrium/
● Twitter: https://twitter.com/cowrium/
● Medium: https://medium.com/@cowrietoken
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1752412
Eth Address: 0xf0e794dde7190f8a632e9223cef13962fe048718
